Not content to throw his weight around to transform the entire energy industry, Larry Fink has now turned his attention to altering the political system.
The CEO of top finance firm BlackRock, which reportedly controls more than $9 trillion in assets, has developed a reputation for progressive agenda pressure tactics against the companies they invest in – most recognizably on the issue of climate change, but also on social issues related to race and gender. Fink likes to write open letters to CEOs and board members in which he prods and threatens their corporations to do things like “divest” from fossil fuels (even if that is their core business) and report hypothetical “risks” from the effects of global warming. Those who fail to comply can find BlackRock potentially voting against renewal of their directorships, or worse.
But Fink is proving to be just another two-bit hypocrite … Read More ➡
Today, NLPC filed a Complaint with the Federal Election Commission alleging that Rep. Maxine Waters (D-CA) violated federal election law in a transaction related to her so-called slate mailer during her last re-election campaign.
The transaction was a payment to Waters’ campaign fund from the Democratic State Central Committee of California (DSCCC) in the amount of $35,000 for the inclusion of then-Senate candidate, and now Senator Kamala Harris, on Waters’ slate mailer. Whereas candidates like Harris may legally pay Waters’ campaign for the proportional costs of their inclusion on her slate mailer, it is not legal for such payment to be made by a third party like the DSCCC.
Waters’ slate mailers have been a matter of controversy for years. They resemble a sample ballot distributed by political parties before and during elections, but contain Waters’ personal endorsements. She pioneered a new way to use slate mailers by seeking an … Read More ➡